The previous post has shown how reading books are essential for financial freedom. Here is the list of books to help you achieve financial freedom and the wealth you truly deserve.( Top 5 books to read for financial freedom )
5 books to read for financial freedom
1. Money Master the Game — Tony Robbins
This book teaches 7 simple steps to achieve financial freedom. Tony Robbins took the interview the most knowledgeable and expert people such as Warren Buffet, Ray Dalio, Frank Kern, and John Reese are self-made billionaires. This book gives important advice about how a common man can achieve financial freedom.
Key Takeaways
- Upskill yourself- Develop key skills so that you can work in any market.
- Compound Interest -Do not underestimate the power of Compounding.
- Stick to your financial goals-Choose one financial goal and stick to it throughout your financial journey.
- Three-Bucket system-This system will help diversify your investment.
- Execute-Having knowledge is not the end goal, executing what you have learned is important.
- Take one step at a time do not try to solve all your financial blunders in one go, instead invest 10 minutes every day to learn how you can eliminate your expenses and stick to it.
- Budget your finances-Do not try to buy things that you cannot afford, try to keep a balance between your income and expense.
2. Think and Grow Rich — Napoleon Hill
This book teaches 13 habits of successful people which hill has studied and spent the majority of time studying those successful people and their habits. Think and Grow Rich is the explanation that Hill has studied on 500 self-made millionaires which explain the Law of success philosophy and 13 steps of rich people (emotional, financial, and spiritual).
Key Takeaways
- Be stubborn and always stick to your plan.
- Join an intelligent group to cut the learning curve.
- Use autosuggestion to build confidence in yourself.
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